Canadian Oil Recovery Ltd (fka CRVYF)

[jjwood]

Thank Expediter,
Ill check it out

[Expediter]

Hi JJ, lot more chatter on stockhouse about Corre cvr on tsx venture. Anyway ,they are making money now and it's up from here!

[jjwood]

Hello all,
Been a shareholder since April 2011.
It looks like they got their first contract today, Im hoping for more. I found this by accident when trying to research cvr partners(uan), so I bought both and am happy with the results. Gotta love the low market cap. Glta

[Expediter]

Still here Joan! Corre has more potential than any stock on the Venture right now. Corre has major influence from the middle East with well over half the shares are owned from there and the contracts will start to be awarded this year. Not a day trade stock right now but you better keep your eye on it. Look at the insider report and see John and alex buying daily. I think we will see a slow increase over the nex few months and then BANG! It'll be gone! out of the penny stock players hands.

[joan3]

I still think the company as potential BUT the biggest thing is NO current contracts. I was just looking at one of their financial statements that show they were in Kuwait by 2009. I know they have set up a station there in that time. But how many years does one need to get a contract if this type of remediation is so much in demand? I realize the Kuwait govt has stalled on these contracts for many years....but still....should the company not have had active contracts by now and growing on an annual basis. I think if they get one Kuwait contract, it should be good for a bit of a pop. But if they don't get it ( and this is the danger of a business based on having to bid to get business through contracts ), the stock will fall.

I just can't see this stock really taking off anytime soon...it all hinges on getting contracts....and more than one of them. Hard to see this as a stock that would have a lot of growth in it.

[joan3]

i think it has good potential but the drawback is they do not yet have any contracts. And contracts are always contingent on bids and approvals as opposed to regular sales.

[UpTickMeA$AP]

I'm always watching! Not sure what to make of this company yet.. Glty!!

[joan3]

Anyone following this still? Kuwait is so slowwwwwwwww at these contracts. I think I saw now they would not be awarded till Nov. Hopefully they will announce something with saudi arabia national oil company soon too as that is on the investor presentation.

if they get some contracts going, will be interesting to see where the stock price could go.

[tjodel]

CORRE Provides Update on Kuwait Operations


Canadian Oil Recovery and Remediation Enterprises Ltd. (TSX VENTURE: CVR)(OTCQX: CRVYF) ("CORRE" or the "Company") is pleased to provide an update on the Company's current business developments in Kuwait. As previously reported by CORRE on April 11th, the Kuwait Oil Company ("KOC") issued three tenders with a total expected value of US $210 million to perform clean-up services, which include remediation of oil-contaminated soil and oil recovery, relating to environmental damage in oil fields located in the Southeast of Kuwait. Through the Company's SAR-CORRE MENA Ltd. ("SCM") operating partnership with SAR AS, a leading Norwegian-based oil waste management company, the Company was part of a select group of invited bidders. Since the launch of these tenders, the Company has been actively preparing its bids through SCM, including recently being part of a limited group participating at the on-site pre-tender meetings and site evaluations in Kuwait during the week of May 2nd. To maximize these tender opportunities for CORRE and leverage SCM's preparation for these extensive tenders, SCM is not only preparing to be a direct bidder, but is currently evaluating several additional subcontracting opportunities as part of pre-arranged bidding consortiums. The closing date of the three tenders is currently June 14th, 2011.

http://ih.advfn.com/p.php?pid=nmona&article=47677125&symbol=CRVYF

Maybe we'll see a little action here shortly.

[socialmedia investing]

$CRVYF$News
http://www.babelation.com/feed/canadian-oil-recovery-remediation-enterprises-ltd-crvyf-otc-link-home-country-news-release-2

[Expediter]

News!!!!

CORRE Selects Lead Agent to Arrange Financing
2/8/2011 4:19:18 PM - Market Wire

TORONTO, ONTARIO, Feb 08, 2011 (MARKETWIRE via COMTEX News Network) --
Canadian Oil Recovery and Remediation Enterprises Ltd. (TSX VENTURE: CVR)(OTCQX: CRVYF) ("CORRE" or the "Company") announces that it has selected Harris Brown & Partners Limited to act as lead agent to arrange an equity financing through a private placement of up to $3.5 million of common shares of the Company. Pricing will be determined in the context of the market. The offering will be subject to the approval of the TSX Venture Exchange and other customary conditions. CORRE will continue to keep its shareholders and the market updated accordingly on this and other developments.

The net proceeds from the private placement will be used to directly fund additional capital assets required as part of CORRE's 2011 anticipated contract execution pipeline, strategic operating partnerships and working capital. CORRE, through its SAR-CORRE MENA Ltd. ("SCM") operating partnership, is one of a few global operating companies that are pre-approved service providers and general contractors to the Kuwait Oil Company ("KOC") in three distinct services-soil remediation (which includes oil recovery), waste management and the treatment of drill cuttings. KOC is expected to issue its first set of tenders for approximately $200 million of soil remediation contracts within the next 3-4 weeks.

These tenders will be followed later this year by even larger soil remediation and oil recovery contracts for the clean-up of the Kuwait Oil Lakes left by Saddam Hussein's army in 1991. According to a very recent article in Upstream, a leading international oil and gas publication that featured CORRE and the SCM partnership as having a head start for these contracts by building and operating the ARES I soil washing and oil recovery facility in Kuwait, these contracts "will involve the biggest clean-up operation in the world to put right the damage caused when retreating Iraqi troops torched Kuwait's oilfields." The article notes that the massive clean-up of the Kuwait Oil Lakes would cost about $3.5 billion, funded out of the United Nations war reparation funds, and entails decades of work.

About CORRE

CORRE (www.corre.com) is a Canadian-based clean technology company that provides innovative and complete oil waste management and environmental solutions to its customers. CORRE's operating lines include remediating oil-contaminated soil; treating sludge, oil based muds and drilling waste; oil recovery; automated oil storage tank cleaning; oil and gas engineering, and project management. CORRE provides its services through its owned and operated Advanced Recovery Equipment Systems ("ARES") and through strategic operating partnerships. ARES is a platform of services and operating equipment facilities based on proven technologies and innovative operating processes. CORRE's customers are primarily in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies).

Forward Looking Statements

Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Company undertakes no obligation to update forward- looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

Contacts: CORRE Alex Gress CFO, Senior V-P & Director [phone] [e-mail] CORRE Lindsay Cross [phone] [e-mail] Harris Brown & Partners Limited Larry Kennelly - SVP Capital Markets [phone] ext 11702 [e-mail]

SOURCE: Canadian Oil Recovery & Remediation Enterprises Ltd.

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Copyright 2011 Marketwire, Inc., All rights reserved.

[Expediter]

on a good little run! I know it's not as exciting as some of the other plays out thre but look at the consistant gains. Not giving back either!

[UpTickMeA$AP]

http://www.marketwire.com/press-release/Upstream-Article-Describes-Upcoming-Kuwait-Soil-Remediation-Contracts-Highlights-CORRE-TSX-VENTURE-CVR-1381121.htm

[Expediter]

just got back and I really like this article! Looks like we'll be moving big time soon! "These contracts "will involve the biggest clean-up operation in the world "

Upstream Article Describes Upcoming Kuwait Soil Remediation Contracts and Highlights CORRE

TORONTO, ONTARIO, Jan 17, 2011 (MARKETWIRE via COMTEX News Network) --
Canadian Oil Recovery and Remediation Enterprises Ltd. (TSX VENTURE: CVR)(OTCQX: CRVYF) ("CORRE" or the "Company") reports that Upstream, a leading international oil & gas publication, published in its January 14th weekly edition that the Kuwait Oil Company ("KOC") will issue its first set of tenders for about $200 million of soil remediation work later this month or in early February. These tenders will be followed later this year by even bigger soil remediation and oil recovery contracts for the clean-up of the Kuwait Oil Lakes left by Saddam Hussein's army in 1991. According to industry sources noted in the article, these contracts "will involve the biggest clean-up operation in the world to put right the damage caused when retreating Iraqi troops torched Kuwait's oilfields." The article notes that the massive clean-up of the Kuwait Oil Lakes would cost about $3.5 billion, funded out of the United Nations war reparation funds, and entails decades of work.

The article further highlights that CORRE, through its SAR-CORRE MENA ("SCM") operating partnership, has taken a head start by building a pilot plant in Kuwait. The pilot plant, using CORRE's proprietary ARES I soil washing and oil recovery technology, has a capacity of 15 tonnes per hour, expandable to 40 tonnes per hour. Through SAR AS, SCM is a pre-qualified and approved contractor to KOC for contracts relating to soil remediation, waste management and drill cuttings.

The full text of the article is available to subscribers of Upstream and can be found at: http://www.upstreamonline.com/live/article241610.ece

About CORRE

CORRE (www.corre.com) is a Canadian-based clean technology company that provides innovative and complete oil waste management and environmental solutions to its customers. CORRE's operating lines include remediating oil-contaminated soil; treating sludge, oil based muds and drilling waste; oil recovery; automated oil storage tank cleaning; oil and gas engineering, and project management. CORRE provides its services through its owned and operated Advanced Recovery Equipment Systems ("ARES") and through strategic operating partnerships. ARES is a platform of services and operating equipment facilities based on proven technologies and innovative operating processes. CORRE's customers are primarily in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies).

Forward Looking Statements

Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Company undertakes no obligation to update forward- looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

Contacts: CORRE Alex Gress CFO, Senior V-P & Director [phone] [e-mail] CORRE Lindsay Cross [phone] [e-mail]

SOURCE: Canadian Oil Recovery & Remediation Enterprises Ltd.

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Copyright 2011 Marketwire, Inc., All rights reserved.

[ShierCon]

might see gap in am

[ragmuff]

CORRE Covers Another Crucial Operational Milestone and Finalizes Its Facilities for the Forthcoming Kuwait Contracts
Date : 01/04/2011 @ 6:18PM
Source : MarketWire

CORRE Covers Another Crucial Operational Milestone and Finalizes Its Facilities for the Forthcoming Kuwait Contracts


Canadian Oil Recovery and Remediation Enterprises Ltd. (TSX VENTURE: CVR)(OTCQX: CRVYF) ("CORRE" or the "Company") is very pleased to announce that it has achieved another operational milestone. CORRE, through its SAR-CORRE MENA Ltd. ("SCM") operating partnership, is now officially a pre-qualified and approved service provider and general contractor to the Kuwait Oil Company ("KOC") for the treatment of drill cuttings. This additional pre-qualification is significant as SCM is now one of a few global operating companies that are pre-approved service providers and general contractors to KOC in three distinct services - soil remediation (which includes oil recovery), waste management and now treatment of drill cuttings.

The achievement of pre-qualification status in these distinct service areas provides an affirmation of the strength and operating depth of the SCM partnership, as well as a validation of the underlying technologies and operating facilities that SCM will deploy in these areas. In short, being pre-qualified means that whenever KOC decides to issue a tender requiring the pre-qualified services, it will invite SCM to bid for the tendered project. Otherwise, companies that are not pre-qualified will not be invited or allowed to bid for a tendered project which concerns these services.

The market for CORRE to provide oil waste management services, including oil contaminated soil remediation, sludge and drill cuttings treatment, and oil recovery is lucrative and growing, particularly in CORRE's initial target markets of Kuwait and Saudi Arabia. As CORRE enters 2011 with developed technologies, optimized processing facilities, and pre-qualification status in hand, it is well-positioned to bid anytime for upcoming KOC tenders. Equally, SCM is equally able to leverage its pre-qualification status with KOC across these service lines to access oil waste management contracts with other national oil companies.

During the first half of 2011 SCM is prepared to be actively bidding on several tenders, including KOC's soil remediation and oil recovery contracts expected to be released during the first quarter of 2011 and contracts for the treatment of drill cuttings from KOC expected to be released during the second quarter of 2011.

CORRE will keep its shareholders and the market updated accordingly on these and other operating contract developments.

About CORRE

CORRE (www.corre.com) is a Canadian-based clean technology company that provides innovative and complete oil waste management and environmental solutions to its customers. CORRE's service lines include remediating oil-contaminated soil; treating sludge, oil based muds and drilling waste; oil recovery; automated oil storage tank cleaning; oil and gas engineering and project management; as well as waste management. CORRE provides its services through its owned and operated Advanced Recovery Equipment Systems ("ARES") and through strategic operating partnerships. ARES is a platform of services and operating equipment facilities based on proven technologies and innovative operating processes. CORRE's customers are primarily in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies).

Forward Looking Statements

Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

Contacts:

Canadian Oil Recovery and Remediation Enterprises Ltd.

Alex Gress

CFO, Senior V-P & Director

[phone]

[e-mail]



Canadian Oil Recovery and Remediation Enterprises Ltd.

Lindsay Cross

[phone]

[e-mail]

www.corre.com

[ShierCon]

Happy New year!
Well ive been watching and this seems to be holding the .18-.20 mark. I thought id be lucky to grab some at .10 or less but not looking too promising now.

[Expediter]

Hi Shier, I,ve been with this one and it's board since before it's origion. This has been in the works for years and also is known as CVR on the tsx venture where it is traded more. Anyway, I wouuld like to see it go down to .10 again but I doubt it!Insiders are already buying this at .20 and that makes me believe it will continue it's uptrend. The industry that it's in will be an 100 billion dollar industry within the next ten years and corre is amongst the top companies in this industry.Do you DD on Kuwait oil sands cleanup and you will see that corre is one of the few companies that are allowed to bid on this.This is rare find in penny stocks but will be in dollar land as soon as they announce a contract which will be announce early 2011.

[ShierCon]

Hey Expediter, saw this one last week and been watching. Do you think i will fall below .10?

[Expediter]

CORRE in Dialogue With Leading International Oil and Gas Contractors

TORONTO, ONTARIO, Dec 08, 2010 (MARKETWIRE via COMTEX News Network) --
Canadian Oil Recovery and Remediation Enterprises Ltd. (TSX VENTURE: CVR)(OTCQX: CRVYF) ("CORRE" or the "Company") is providing an update further to the Company's November 18, 2010 press release.

The market for CORRE to provide oil waste management services, including oil-contaminated soil remediation, sludge treatment and oil recovery, is lucrative and growing. The World Bank has estimated the need for environmental services and products across the Middle East and North Africa ("MENA") regions at US $100 billion over the next 10 years. Kuwait alone represents in excess of US $3.5 billion in large-scale soil remediation projects primarily to clean and treat over 114 km2 of oil-contaminated Kuwait lands as a result of the 1991 Gulf War and the detonation of 798 oil wells. Up to 5 million barrels of crude oil burned and spilled into the desert soil on a daily basis for approximately 9 months until extinguished forming what is known today as the Kuwait Oil Lakes.

The clean-up of the Kuwait Oil Lakes represents one of the largest environmental remediation projects in history and the funding for Kuwait is fully in place through war reparation funds from the United Nations. Equally the Kuwait Oil Lakes sit atop the Burgan oil reserves, a source of light crude oil in Kuwait. Kuwait has publicly announced its intentions to increase daily oil production from 2.6 million barrels per day to approximately 4 million barrels per day and the clean-up of the Kuwait Oil Lakes help facilitate this objective. CORRE, through its SAR-CORRE MENA ("SCM") operating partnership, is one of a select group of global companies that are fully pre-qualified and approved by the Kuwait Oil Company ("KOC") to directly bid on the clean-up of the Kuwait Oil Lakes, tenders begin to be released in early 2011.

CORRE's proprietary ARES I soil washing and oil recovery operating facility is the preferred technology for these contracts. CORRE maintains in Kuwait a recently commercialized 15 ton per hour ARES I facility and the Company (through its partnership with TG Engineering, an international oil and gas engineering firm) will refabricate further ARES I operating facilities as contract demands require. CORRE has now been approached by and is currently in dialogue with pre-qualified international companies seeking to utilize CORRE's ARES I as part of their Kuwait Oil Lakes bids. SCM now has the opportunity to directly bid for the Kuwait Oil Lakes contracts, as well as operate as a technology sub-contractor of choice to the other pre-qualified contractors. KOC intends to announce a series of Kuwait Oil Lakes tenders starting early in 2011. The companies that CORRE is in dialogue with represent large international environmental, construction and oil service contractors with strong logistical capabilities.

CORRE will keep its shareholders and the market updated accordingly on these and other operating contract developments.

About CORRE

CORRE (www.corre.com) is a Canadian-based clean technology company that provides innovative and complete oil waste management and environmental solutions to its customers. CORRE's service lines include remediating oil-contaminated soil; treating sludge, oil based muds and drilling waste; oil recovery; automated oil storage tank cleaning; oil and gas engineering and project management; as well as waste management. CORRE provides its services through its owned and operated Advanced Recovery Equipment Systems ("ARES") and through strategic operating partnerships. ARES is a platform of services and operating equipment facilities based on proven technologies and innovative operating processes. CORRE's customers are primarily in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies).

Forward Looking Statements

Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

Contacts: CORRE Alex Gress CFO, Senior V-P & Director [phone] [e-mail] CORRE Lindsay Cross [phone] [e-mail]

SOURCE: Canadian Oil Recovery & Remediation Enterprises Ltd.

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Copyright 2010 Marketwire, Inc., All rights reserved.

[Expediter]

Good day everyone ! I might as well open this one to say hi. Not really any liquidy in this one yet but has great potential. A low o/s and alot of big investors in this from the Middle east.I've been in this one for a while for they have been on the Venture for almost two years.